Starting a business and investing in an enterprise is an exciting time for entrepreneurs. However, there are certain rules and regulations that apply to start-up businesses, which vary depending on specific aspects of the business. Some people have the option to start their business on their own or some choose to invest with partners, such as family members or additional investors.

It is important to know that whether or not you are a sole proprietor or working in a partnership, there are various options available to protect your business from issues that might arise due to personal liability and obligations, or debts. Due to this, you will need an experienced business lawyer to help your start-up.

To ensure you are protected and supported when developing your start-up, it’s important to have an expert business lawyer on your side. Kadoch Law Group is a premier law firm in South Florida, with extensive experience representing individuals, businesses, and investors. An expert lawyer will advise, guide, and help you as you work on protecting your idea and creating your start-up business.

Here are 3 Reasons Why You Need an Experienced Business Lawyer to Help your Start-Up:

1. To Develop A Partnership Agreement.

If you decide to open a start-up with a partner, whether it is a family member or another investor, completing a partnership agreement is imperative, as it will help to resolve future disagreements or any unforeseeable conflicts that might arise. For example, conflicts regarding decisions, equity splits, profit sharing, and/or responsibilities.

According to Startup Enthusiast, Dana Rosenberg, “It’s one of the most common issues startups face, but also one of the most under-discussed…Founders who’ve fallen victim to breakups often shove it under the rug like it’s something to be ashamed of rather than publicly acknowledging it as one of the many learning points in your startup experience.”

2. To Incorporate Your Start-Up Business.

Incorporating your start-up business develops an important shield from personal liability. Ultimately, it generates a valid legal separation or detachment between the business and the entrepreneur(s). Once you incorporate your business, you turn your partnership or sole proprietorship into a company. This enables your start-up business to become a legal business and formally recognized in your state.

A business lawyer will help you complete the necessary process to register your corporation and the process of incorporating your start-up will provide you personal asset protection.

3. To Protect Your Idea and Your Brand.

The foundation of a new start-up business is an innovative product or original idea. Protecting your business idea is essential. If it is patentable, a business lawyer can help you to file relevant documents such as patent applications and register this information at an earlier date. They can also help you to register your brand or logo with the U.S. Patent and Trademark Office, which will protect your trademark.

When you are ready to begin your start-up business, why settle for less when you can get an experienced business lawyer on your team? Give us a call and we will provide the best possible service to you as we do with all of our clients!